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AFRICAN BANK INVESTMENTS LIMITED - Dealing in securities by directors

Release Date: 03/12/2013 11:46
Code(s): ABL ABLP     PDF:  
Wrap Text
Dealing in securities by directors

AFRICAN BANK INVESTMENTS LIMITED
(Incorporated in the Republic of South Africa)
(Registered bank controlling company)
(Registration number 1946/021193/06)
Ordinary share code: ABL ISIN: ZAE000030060
Preference share code: ABLP ISIN: ZAE000065215
(“ABIL” or “the company”)

DEALING IN SECURITIES BY DIRECTORS

In compliance with the JSE Limited Listings Requirements, the
following information is disclosed in respect of ABIL directors
who have accepted to follow their rights in the company’s rights
issue:

Director                      :   Nic Adams
Office held                   :   Non-executive director
Class of securities           :   ABIL rights offer shares
Date of transaction           :   3 December 2013
Nature of transaction         :   On market exercise of rights offer
                                  shares
Number of securities          :   1 680
Market price of ABIL shares   :   R8.00 per share
Total value of transaction    :   R13 440.00
Nature of interest            :   Direct beneficial

Number of securities          :   399 385
Market price of ABIL shares   :   R8.00 per share
Total value of transaction    :   R3 195 080.00
Nature of interest            :   Indirect beneficial
Clearance obtained            :   Yes

Director                      :   Johnny Symmonds
Office held                   :   Non-executive director
Class of securities           :   ABIL rights offer shares
Date of transaction           :   3 December 2013
Nature of transaction         :   On market exercise of rights offer
                                  shares
Number of securities          :   1 763
Market price of ABIL shares   :   R8.00 per share
Total value of transaction    :   R14 104.00
Nature of interest            :   Direct beneficial
Clearance obtained            :   Yes

Director                      :   Nithia Nalliah
Office held                   :   Executive director
Class of securities           :   ABIL rights offer shares
Date of transaction           :   3 December 2013
Nature of transaction         :   On market exercise of rights offer
                                  shares
Number of securities          :   1 806
Market price of ABIL shares   :   R8.00 per share
Total value of transaction    :   R14 448.00
Nature of interest            :   Indirect beneficial
Clearance obtained            :   Yes

Midrand
3 December 2013

Sponsor
RAND MERCHANT BANK (A division of FirstRand Bank Limited)

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